Janchor fund gains 21 per cent year-to-date

Back in July, Hedgeweek reported that Hong Kong-based Janchor Partners, founded by John Ho (pictured), had reached the magic USD100 million mark in AUM for its Equity L/S Pan-Asian Fund. And it would appear the fund is going from strength to strength with Bloomberg reporting this week that the fund had returned 21 per cent after management fees as of end-September. In the investor note dated October 7th, CIO Ho highlighted that the fund, which has a three-year lock-in period for 90 per cent of investor capital, had gained 6 per cent alone last month; the fact that it has outperformed the MSCI Asia Pacific Index (up 8 per cent YTD) by some margin illustrates why Equity L/S strategies tend to be so popular, being able as they are (when well managed) to outperform the markets during both up and down cycles. Hedgeweek asked Ho to comment on the fund’s performance but his office said he was not willing to go on record.